Metorex Heads for Biggest Two-Day Decline Since May

- November 17th, 2010

Bloomberg.com reports that Metorex saw the biggest two-day decline in months, attributed to an interruption in cobalt production at their Ruasha mine.

Bloomberg.com reports that Metorex saw the biggest two-day decline in months, attributed to an interruption in cobalt production at their Ruasha mine.

The story is quoted as saying:

The stock fell as much as 23 cents, or 5 percent, to 4.35 rand and traded at 4.38 rand as of 9:26 a.m. in Johannesburg, bringing its two-day decline to 9.3 percent.

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